Sturgis advertiser. (Sturgis, Dakota [S.D.]) 1887-1???, 1887-12-14
: OUR TN.
Cornwall Critics Cooked and cornered
ENGLISH ENEMIES OF AMERICAN TIN
ROUNDED UP
Lord Thurlow's Pointed Letter to the Lon
don Financial News.

i
SIR--As you have recently done me
the honor to mention my name rather
prominently in connection with the Har-
ney Peak Tin company, hope you will
allow me to say a few words to explain
the actual position OF an enterprise
which appears to be much misundor-
stood.
am not one Of those who cavil at cri-
ticism, or ignore the duties of journal
ism. The duty of the press is to in
struct the public and possibly your es-
pecial province and imposed task
may be to warn the nnwary investor of
the pitfalls that are often SO artfully pre-
pared for him. But this undertaking
rests on widely different footing. It
was taken in hand after very careful in
vestigation by men Of business, able and
willing to carry it out without any ap-
peal to outside investors. These men
showed their faith in the scheme by
offering to invest substantial sums Of
money, and, 80 far as know, never au-
thorized any invitation to the public to
subscribe.
Then, as regards the actual money re-
quired, you have been as much misled.
if you will allow to say SO, as you have
been ON other points. The sum re-
quired is 9150,000, and not e2,000,000
as has been SO frequently stated; and
this a150,000 is for working capital on
ly, the vendors agreeing to take pay
ment entirely in shares, probably defer
red, and to be issued pari passu with the
growth and success of the undertake
ing.
Permit ME also to- add that your cri-
ticisms are somewhat premature, as the
whole scheme is in allegiance pending
the report of further, searching invest
igation, entrusted to Professor Vincent,
the well-known mining expert, who has
not yet returned from Dakota.
OF course, from the nature of this thing.
it was quite impossible it should not have
been attacked, and violently attacked, il
only on account of the huge vested in
terests at stake. 1T represents the dawn
of new era that cannot fail to be most
unwelcome to the favoured and very
narrow circle that has hitherto handled
the tin trade of the world 70 my
my mind, in place of there being any.
thing strange in this discovery, it is
amazing it was not made before. All
other metals have been discovered on the
vast North American continent under
circumstances and in quantities hitherto
unprecedented, and suitable to the I'M
limited requirements of the future citi-
zens OF the United States. Gold, silver,
copper, iron-and now tin-are re-
quired by the American people, and have
been placed by Providence ready to
their hands. No power on earth will
make me believe that all the tin in this
world has been placed on one side, of the
Atlantic. That tin was not found earlier
in America is due to two circumstances:
first, the American miner had only an
eye for the precious metals i'll prospect
ing: and, secondly, this tin region has
only quite recently been made accessible
by its exclusion from the Sioux Indians
reservation. Till quite lately the Black
Hills of Dakota were sealed hook to
the prospector, who could only visit
them not only at the risk, but the GER
tainty OF being tracked and scalped by
Red Indians. Now all this has changed
A thriving city has grown up within a
few miles OF Harvey Peak, called Custer
City, after General Custer, who, with /,
party of soldiers, was there massacreal
by the Indians "a few years ago. The
railway, with drawingroom cars, now
runs through this country within 20
miles of these tin mines Two personal
English friends of my owa have just
visited Harvey Peak to ascertain the
truth Of the statements advanced by Mr..
Wilson aud his friends. and have as.
sured me Of their absolute accuracy,
The description my friends sehd me OF
the fertility of tho soil, of the mineral
wealth cropping up on the surface in ali
directions, and Of the gold in the
streams, prove his region to combine all
the attractions of a paradise and of an
Eel Dorado. Sitting in the comfortable
office of the existing Harvey Peak Tin
Minnie on,ppo,,v tboco fr,np,1c x,f ,,,;,o